IIG in the News

April 20, 2015 (New York). Advisen, Ltd, a well known leader in insurance education and insight announced their nominees for the 2015 Cyber Risk Awards. Innovation Insurance Group along with XL Group was nominated as this year’s Cyber Risk Innovation of the Year for its new to the market BitCoin Theft Insurance policy, BitSecure™. BitSecure […]

Session: FOR003- Bitcoins: The Next Cyberinsurance? Day/Date: Tuesday, 4/28/2015 Time: 11:30am – 12:30pm (60 minutes) General Overview of Session: There are more than 13 million bitcoins—more than $8 billion—involved in tens of thousands transactions every month. Bitcoins have been recognized as virtual currency by the U.S. Treasury Department and deemed taxable property by […]

For all the ecosystem’s advancements, buying bitcoin with cash is still a slow process, one some argue has been traditionally underserved by industry startups. Building on the foundation of Bitgo’s $250,000 insurance policy, BitQuick, a peer-to-peer cash-for-bitcoin startup, however, is looking to reinvigorate this dormant sector. By offering some basic bitcoin protections, BitQuick aims to serve the underbanked market while […]

Session: FOR003- Bitcoins: The Next Cyberinsurance? Day/Date: Tuesday, 4/28/2015 Time: 11:30am – 12:30pm (60 minutes) General Overview of Session: There are more than 13 million bitcoins—more than $8 billion—involved in tens of thousands transactions every month. Bitcoins have been recognized as virtual currency by the U.S. Treasury Department and deemed taxable property by […]

FEBRUARY 25, 2014, COINDESK, Bitcoin security specialist BitGo has announced a new partnership with Innovation Insurance Group and XL Group that will enable it to offer $250,000 in theft insurance to customers who opt in to the program. The coverage will protect BitGo‘s web wallet and platform API clients from errors resulting from its technology, processes […]